#CryptoNews Update - Nov 15, 2023
🌏 Global Developments:
• 🇸🇬 Singapore’s central bank begins testing tokenization with major finance firms like JPMorgan, DBS, and BNY Mellon.
• 🔄 Project includes bilateral digital asset trades, multicurrency settlements, and fund management.
💹 Latest Prices:
• 📊 CoinDesk Market Index (CMI): 1,441 (+0.2%)
• #Bitcoin (BTC): $36,239 (−0.1%)
• #Ethereum (ETH): $2,014 (−0.8%)
• S&P 500: 4,495.70 (+1.9%)
• Gold: $1,977 (+0.8%)
• Nikkei 225: $1,977 (+0.8%)
📈 Top Stories:
• 🔄 OKX offers off-exchange derivatives trading.
• 📱 Standard Chartered’s venture arm launches new tokenization platform, Libeara.
• 🤝 Libeara aims to provide low-cost, transparent, and efficient investment opportunities.
💥 Market Insight:
• 🚀 Bitcoin’s options market now larger than, with $17.39 billion in active options contracts.
• 📈 This shift suggests increased sophistication in crypto markets.
📉 Miners’ Inventory:
• ⛏️ Bitcoin miners’ wallet balance drops by 4,775 BTC since Oct. 23, indicating selling in rising market.
🤑 #CryptoInvestment Tip:
• 🌐 Stay informed about evolving market trends to make smarter investment decisions.
• 🔍 Watch for shifts in trading strategies as the market matures.
$BTC $ETH $SOL
